Whitslack

The End of Gold, Part Three

But you can't sell a cup of coffee on the open market (at least, not one you've previously bought from someone else). Instant coffee, on the other hand, may be a good investment, but only if the grim, world-coming-to-an-end scenario unfolds. Other good investments in that case include alcohol and ammunition. Better have some guns to protect your stash, though: with no tax revenues with which to pay police, there will be no one to protect your possessions for you.


On Feb 11 10:27 AM market ace wrote:

> Gold is not the answer to everything as some indicate, but anyone
> not holding some position in it is missing the boat big time. People
> also should not get too excited about gold at $5,000/oz as then a
> cup of coffee will probably be $500. Every thing in economics always
> over reacts so with all of this gov't wasteful spending inflation
> will be back big time.